North Park

North Park has quite a tumultuous history when it comes to real estate prices. Before the War these modest cottages housed San Diego’s working class as well as their betters in the nicer streets around Balboa Park.

About North Park

North Park has quite a tumultuous history when it comes to real estate prices. Before the War these modest cottages housed San Diego’s working class as well as their betters in the nicer streets around Balboa Park. After VJ Day, the City zoned the area in such a way that most of these quiet neighborhoods became apartment warrens. Why the City decided to strip mine North Park is history and my the 1960s, apartments were scattered about in such a way that the neighborhood lost much cohesiveness. The recession in 1990 saw prices in North Park decline at a much more rapid rate than the rest of the City. The clash between homeowners and apartment dwellers was ugly at times and certainly did little for real estate values. Since those bleak days, North Park has recovered all of those lost equity dollars and added even more. It has become a ve

North Park has quite a tumultuous history when it comes to real estate prices. Before the War these modest cottages housed San Diego’s working class as well as their betters in the nicer streets around Balboa Park. After VJ Day, the City zoned the area in such a way that most of these quiet neighborhoods became apartment warrens. Why the City decided to strip mine North Park is history and my the 1960s, apartments were scattered about in such a way that the neighborhood lost much cohesiveness. The recession in 1990 saw prices in North Park decline at a much more rapid rate than the rest of the City. The clash between homeowners and apartment dwellers was ugly at times and certainly did little for real estate values.

Since those bleak days, North Park has recovered all of those lost equity dollars and added even more. It has become a very desirable place to live, appealing to a young demographic who either cannot afford Hillcrest or want a little more urban space than someone living off of First Avenue. Commercial development has also been strong, following the hipper demographic moving into the neighborhood. North Park’s ideal location, close to everything in San Diego, and reasonable prices continue to bolster demand for this area.

North Park is divided into two basic kinds of blocks, those with lots of apartments and those without. Most above average residential blocks may have one or two multi-family buildings and that is generally acceptable. Those streets with no apartment or condominiums are highly prized and readily available, albeit at higher prices than streets with apartments scattered around the block. Property closest to Balboa Park sell for the most money and that is no surprise.

In the future, much of the older stock of homes will have to be replaced, especially those that have been rentals for the past forty or fifty years. This selective culling of the beater-rentals, once so prevalent in North Park, will be beneficial for real estate prices.

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Avg Work Commute
0 mins
Median Age
0
Median Area Income
$0
Median Sale Price
$0

The Commute

Travel Methods

To City Center

North Park Sales Data

Residential Sales
0 +0%

Percentage change from latest quarter vs same time period previous year

Median Sale Price
$0 -0%

Data compiled using 2nd quarter 2018 data vs. same period from 2017

Median Sales Price

Q2 2018
MEDIAN SALES PRICE
$644.0k
+ 0%
From Q1 2018
Arrow
$631.2k
0
$612.0k
0
$556.0k
0

Demographics

Population by Age Level. Median Age 38.22. Households: 20,263.

In Thousand of Dollars. (Median Income: $53,442)

Population by Education Level

Fair Market Rents

North Park Schools & Education

Public & Private Institutions Of Learning

Education is provided by public, private and home schools. State governments set overall educational standards, often mandate standardized tests for K–12 public school systems and supervise, usually through a board of regents, state colleges, and universities. Funding comes from the state, local, and federal government. Private schools are generally free to determine their own curriculum and staffing policies, with voluntary accreditation available through independent regional accreditation authorities, although some state regulation can apply.

Avg School Rating
3.3/5
Publically Funded
4
Catholic / Religious
3
Private / Charter
1

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